Recently, small investors organized online to buy large amounts of GameStop stock and caused billions in losses to Wall Street hedge funds looking to short that stock and benefit from its declining price.
GameStop had been sinking for years. But in January of this year, prices soared to over $300 a share.
On January 28, the on...
Video: Jeff Carlson Explains the GameStop Short Squeeze and Why Government Should Not Intervene
Video: Jeff Carlson Explains the GameStop Short Squeeze and Why Government Should Not Intervene
Jan-31-2021
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